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[Form 4] Snowflake Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Snowflake Inc. insider Form 4: On 09/08/2025, Ramaswamy Sridhar, who is both a director and the Chief Executive Officer, reported the disposition of 1,334 shares of Snowflake common stock at a price of $225.58 per share. The filing indicates those shares were withheld to satisfy tax withholding obligations on vested restricted stock units.

Following the reported transaction, Mr. Ramaswamy is shown as beneficially owning 372,015 shares directly and 1,923 shares indirectly through The Ramaswamy Trust dated 1/8/2001, for which he is a trustee. The Form 4 was signed by an attorney-in-fact on 09/10/2025.

Positive

  • Timely and explicit reporting: Form 4 discloses the transaction date, price, and reason for disposition (tax withholding).
  • Ownership transparency: Filing states post-transaction beneficial ownership figures for direct and indirect holdings.
  • Use of trust disclosed: Identifies The Ramaswamy Trust dated 1/8/2001 as indirect holder and the reporting person as trustee.

Negative

  • Disposition of shares: 1,334 shares were disposed of on 09/08/2025 at $225.58 per share.
  • Reduction in reported direct holdings: The filing shows shares withheld in connection with RSU vesting, which reduces immediately available shares.

Insights

TL;DR: Routine withholding of vested RSUs for taxes, properly reported by CEO/director; no additional transactions disclosed.

The Form 4 documents a common administrative disposition: shares were withheld to cover tax obligations arising from vested restricted stock units. The reporting person holds roles as both director and CEO, and retains significant direct ownership at 372,015 shares. The filing names an attorney-in-fact as signer, indicating use of a designated agent for submission. There are no disclosed option exercises, additional sales, or new grants in this filing.

TL;DR: Small, clearly disclosed disposition tied to RSU tax withholding; ownership totals are explicitly stated.

The transaction code F(1) and the explanation confirm that 1,334 shares were withheld for tax withholding on RSU vesting at a price of $225.58. Post-transaction beneficial ownership is reported as 372,015 shares direct and 1,923 indirect via a trust. The report contains no other purchases or sales and does not disclose any derivative holdings in this filing.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ramaswamy Sridhar

(Last) (First) (Middle)
C/O SNOWFLAKE INC.
106 EAST BABCOCK STREET, SUITE 3A

(Street)
BOZEMAN MT 59715

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Snowflake Inc. [ SNOW ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/08/2025 F(1) 1,334 D $225.58 372,015(2) D
Common Stock 1,923 I Trust(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld to satisfy tax withholding obligations on the vesting of restricted stock units.
2. Includes shares to be issued in connection with the vesting of one or more restricted stock units.
3. The shares are held by The Ramaswamy Trust dated 1/8/2001, for which the Reporting Person is a trustee.
Remarks:
/s/ Marie Reider, Attorney-in-Fact 09/10/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did SNOW insider Ramaswamy Sridhar report on Form 4 dated 09/08/2025?

The filing reports the disposition of 1,334 shares of Snowflake common stock on 09/08/2025 at a price of $225.58 per share, withheld to satisfy tax obligations on vested RSUs.

How many Snowflake shares does Ramaswamy Sridhar beneficially own after the transaction?

The Form 4 shows 372,015 shares beneficially owned directly and 1,923 shares beneficially owned indirectly through The Ramaswamy Trust dated 1/8/2001.

Why were the 1,334 shares disposed of according to the Form 4?

The filing explanation states the shares were withheld to satisfy tax withholding obligations on the vesting of restricted stock units.

Who signed the Form 4 for Ramaswamy Sridhar and when?

The Form 4 was signed by Marie Reider, Attorney-in-Fact on 09/10/2025.

Does the Form 4 disclose any derivative securities or option exercises?

No. Table II for derivative securities contains no reported transactions; only a non-derivative disposition is disclosed.
Snowflake Inc

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79.29B
327.92M
4.1%
71.12%
3.81%
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United States
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